Ohio unemployment rate hits pandemic low, but jobs slow to return

Ohio's unemployment rate fell to 4.7% in March, the lowest rate since the pandemic began.

Ohio’s unemployment rate dipped to its lowest level in March since the early days of the pandemic.

The comeback, however, for the jobs that were lost during the early days of the pandemic is much slower.

Ohio’s unemployment rate fell to 4.7% in March, the Ohio Department of Job and Family Services said Friday. That’s down from 5% in February and it matches the rate in February 2020 just as the pandemic was ready to take off and shut down the economy.

Ohio’s unemployment rate peaked at 16.4% in April. The 4.7% rate in March is much lower than the U.S. rate of 6%.

Ohio employers added 12,700 jobs in March, and revisions from the February report now show the state lost 2,100 jobs during that month, lower than initial estimates.

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